India
is a nation dependent on cost-effective shopping. Automobiles are no
exception and this is proven by a host of automakers that have done
phenomenally well in the small and mid size segments. Small cars with
good mileage are generally the look out and what better than India 's
trusted brand Maruti to justify it.
In a bid to keep up the number one position, Maruti plans to introduce more cars this festive season. Having witnessed a decline in car sales by up to 4% in June this year, Maruti is planning on launching new Maruti in the hatchback segment, new Maruti Swift Dzire in the sedan segment and the Maruti R3 in the SUV segment. The new cars will be launched by the end of 2011. The Swift Dzire is expected to have a low price this time due to the reduction of 12% in the tax duty on the cars under 4 meter length, and this could surely benefit the company.
The loss incurred was a result of slowdown and the 13 day strike at the Manesar plant owing to annual maintenance shutdown. In addition to Maruti India, other companies are planning new car launches by the year end. Manufacturers today are trying to launch new cars that are cost effective and ideal for the Indian roads
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